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Old 09-29-2009, 06:50 AM  
Vendot
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Join Date: May 2002
Location: Malaysia
Posts: 3,376
Quote:
Originally Posted by patavax View Post
Never Trust A Bank. That means N E V E R...

Europe (Switzerland is not in E.U. but I think that will change within 10 years or less if not Switzerland will / is in co-op with E.U.) is not good at all for offshore banking!
Even Cyprus is a temp. solution!

Carribean Area is best ! For the time being...
Theres no secrecy anymore in banking......... people who want to pay lower tax need to actually physically reside in the country they want to pay tax in.

In other words, if you want to pay zero tax you need to be "resident" in a jurisdiction where there is no tax ie Dubai or Monaco or whatever. Sending money out to hide it, is just not gonna work anymore.
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